Room is not added to Location field when selected in a Meeting

Hello,

This is probably a minor, but very irritating problem. So when I schedule a meeting, I open a Room Finder and select a room I'm after. It is added to "Required" field, but not to "Location" field.

I use MS365 2208 and all updated are rolled out. I checked various settings in the Options and couldn't identify where that can be configured.
Any advice would be appreciated!